Telegraaf Media Groep

Telegraaf Media Groep
Public company
Traded as Euronext: TMG
Industry Mass media
Headquarters Amsterdam, Netherlands
Website www.tmg.nl

The Telegraaf Media Groep N.V. (TMG) (Euronext: TMG) is a Dutch media and publishing company. It is active in the newspaper, magazine, and Internet market.

TMG holds a large stake in Sky Radio Group and small interests in ProSiebenSat.1 Media and Algemeen Nederlands Persbureau.

De Telegraaf, the most popular newspaper in the Netherlands, is its flagship publication. It is considered to be a populist paper.[1] Between 1999 and 2014, it published the free daily newspaper Spits. In 2012, it acquired the free daily newspaper Metro.

TMG acquired the popular weblog GeenStijl (after initially buying an interest) and Hyves, at that time still the most popular social network site in the Netherlands.

TMG was formerly known as the NV Holdingmaatschappij De Telegraaf.

Finances

Profits for 2005 were €65.4 million and the company had a market cap of €1.1 billion (May 2006).

In 2011, the group posted a loss of €32.6 million due in large part to declining ad revenue in the company's printed media. A plan announced in 2010 called for cutting 350 of 2800 jobs. Internet activities gained the group nearly €70 million, 12% of the company's total revenue; internet ad revenue was up 35% compared to 2010.

See also

References

  1. ↑ Hermes, Joke (2005). Re-reading Popular Culture. Wiley-Blackwell. p. 39. ISBN 978-1-4051-2245-0. Retrieved 5 February 2010.

External links

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